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Business, 06.10.2019 10:02 morkitus13

Arecent mega millions estimated jackpot amount is $300 million which is the undiscounted sum of the 26 annuity option payments with a cash option of $207 million. the first payment under the annuity option which would occur immediately is $4,515,432 with 29 additional annual payments with each payment being 5% larger than the previous one. using this information and assuming you demand a 4% annual return, would you prefer the annuity option or the cash option if you have the winning ticket?

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Arecent mega millions estimated jackpot amount is $300 million which is the undiscounted sum of the...
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